Tom Lee Sounds the Alarm: ETH Accumulation at a Crossroads! 🔥
BitMine’s ETH strategy is facing a critical moment. In a recent chairman’s letter, Tom Lee urged shareholders to urgently approve an increase in authorized shares ahead of the January 15, 2026 AGM.
Here’s why it matters 👇
🔹 BitMine’s charter requires 50.1% shareholder approval to issue new shares — an unusually high bar.
🔹 The company is approaching its current cap of 500 million authorized shares.
🔹 Without swift approval, new share issuance could stall, directly slowing BitMine’s ETH accumulation strategy.
Tom Lee emphasized that delaying this decision could weaken BitMine’s ability to scale its ETH exposure at a time when institutional interest in Ethereum continues to grow.
📌 Bottom line: Shareholder approval isn’t just a formality — it’s a key lever determining how fast BitMine can continue building its Ethereum position.
What’s your take — strategic urgency or shareholder risk? 👀
DYOR No Financial advice!
#ETH #Ethereum #CryptoStocks #BitMine #TomLee
